Sarah Palin's "Recipe for Failure"

Paul Jenkins

It took awhile, but lawmakers -- at least a few of them -- are getting itchy about Gov. Sarah Palin's Alaska Gasline Inducement Act. You remember that bit of nonsense, don't you? It hands a Canadian company $500 million for little more than advice on building a $30 billion gas line to carry North Slope gas south. Oh, and obtaining a Federal Energy Regulatory Commission certificate for a line the company says it cannot build.

To put $500 million into perspective, if the government instead divvied up the money among last year's 610,000 Permanent Fund dividend recipients, the check would amount to $819 each, give or take a few cents. Not bad. More >>